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Re: hweb2 post# 111921

Wednesday, 03/27/2024 10:21:56 PM

Wednesday, March 27, 2024 10:21:56 PM

Post# of 112576
Hweb, IART is a medical equipment/devices company

I mean if you look at medical device companies ie Stryker, they all have PEs around 20+ going forward. IART has only a 10 PE, so half. Now it used to have a 20+ PE before the Boston factory shut down, but with the stock price hit so hard, investors are obviously concerned things may not come back the way they were. I read the earnings report, and I believe the company will open back operations in the summer/fall area. Yes, it may be not be till 2025 that the company will report a lot better revenue and eps numbers, but the demand for the devices made at that factory is still strong from what I've read. I think/hope the stock will come back a bit, as it gets closer to the Boston Factory coming on line again. I believe the report for the March qtr(in May) will be the start to some nice upside for the stock.

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